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Entries in Hojatoleslam Mohammad Hosseini (1)

Friday
Oct052012

The Latest from Iran (5 October): The Regime Prays for the Weekend

A discussion on Al Jazeera English's Inside Story of the currency crisis

See also Iran Feature: The Political Propaganda Around An Analysis --- "Economy Is Not on the Verge of Collapse"
Iran 1st-Hand: Life in the Time of a Currency Collapse
EA Video Analysis: Iran --- The Currency Collapse, The Closing of the Bazaar, and Wednesday's Protests
The Latest from Iran (4 October): Protest Resurfaces --- A Ripple or a Wave?


1953 GMT: Currency Watch. Khabar Online claims that, despite favourable exchange rates compared to the open market, the trade of US dollars and Euros in the Central Bank's "trade room" was down by 20% on Thursday.

The Government claims that $100 million is being traded daily in the room, set up to give a discount on the open-market rate to importers and other selected customers.

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